Bill Williams standard setting for Fractals is a 5 candle pattern withe the middle one with the highest high or low. You can use modified Fractals with more or less than 5 candles of course, depending on how frequent or fast you want the signals to ...

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So what is a swing point if not a fractal ?

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What do you defgine as a swing point ? There are many Fractal Indicators available where you can define the swing point exactly how you want it. There is a built in one on most platforms.

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The only way to avoid slippage is by using Limiit Orders, where you are saying fill me at this price or better (positive slippage). Con: you may not get filled if price doesn't get to your price. The other alternatives are Market Orders ( fill me ...

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jDD Drawing Tool comes to mind, though I haven't used it for quite a while. Lines, Rectangles, Custom Text, Price etc. url file FXArt has also done some amazing Drawing Tools for MT4 & MT5 , watch the videos : url Link to Tools (zip file) : ...

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You're not one those Naked Traders ....................? image

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"It's never 'bout the Target Lines doing something It's what other Traders might do there, that can get the Market moving" ................... Spot On

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Quoting TT : "Mechanics will always be the same imo" "Trade safe & then well folks"

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Nothing is new, Wyckoff is over 100 years old, Candlesticks were used way back in the 1700's It's mostly re-invented , re-packaged and re-sold. You have to find what works for you and simple is always best.

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Well Put

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All the information you need to know is on the Chart itself, these things are a distraction IMHO. Good for selling courses only.

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Interesting, for UJ you chose the NY Open H1 candle to draw your BO zones from. Because it is one of the heaviest traded pairs on the US session maybe ? I would imagine for EU would be Franky Open range, and GU the London Open range based on volume.

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Basically it was first H4 (candle) intent if that candle range exceeded 33 % of the ADR then the trader should be able to pocket the next 50 pips which in this example was the next 33% of ADR. So yes, you are correct. But of course Franky & Don have ...

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The Day Open Line was the starting point regardless, the intent was marked when 25 - 33 % move was in one direction from the DO. Even if it dipped above or below then resumed towards the suggested 25-33% entry point in that direction. Backtested the ...

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My definition of a Breakout Zone is where the Buyers & Sellers are evenly matched ( prce consolidation) until one side gains the upper hand to start the next shift in momentum (breakout). The Wyckoff Cycle shows how Price moves from accumulation, ...

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I think we did this experiment a while back with BWilliams Market Intent, though it was H4 candles if I remember. and targeting Daily ADR using the same method. url

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If it's in the middle then look at where it's come from, if it's going down then likely to continue only pausing or pulling back slightly to add on more positions. Vice versa if it's going upwards. Provided there is no level or structure in the ...

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That's the key word, observation. IMHO. You must look at targets or structure levels both above and below, as price tests these before turnng around. These levels have to have some reaction also to validate them.

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Have you tried google ? bos and choch indicator mt4 url

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